TotalEnergies Offshore Wind Investment Shift
Sector: Wind • Location: North Carolina, New York, Texas, United States
Source: KAWC
The Trump administration reached a deal with French energy company TotalEnergies to halt its offshore wind projects in the U.S. and redirect nearly $1 billion in investment towards U.S. oil and gas production and a liquified natural gas plant in Texas. TotalEnergies agreed not to develop new offshore wind projects in the U.S., citing cost and impact on power affordability.
- Status
- Prospective
- Sector
- Wind, LNG, Natural Gas, Power Generation (CCGT), Oil and Gas
- Location
- North Carolina, New York, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- KAWC
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Project Information
Participants
| Not available for this record. |
Status
Original status | agreement reached |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Trump administration reached a deal with French energy company TotalEnergies to halt its offshore wind projects in the U.S. and redirect nearly $1 billion in investment towards U.S. oil and gas production and a liquified natural gas plant in Texas. TotalEnergies agreed not to develop new offshore wind projects in the U.S., citing cost and impact on power affordability. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | North Carolina, New York, Texas |
Source
Source | KAWC |
URL |
More Details
Record type | Project |
Sector | Wind, LNG, Natural Gas, Power Generation (CCGT), Oil and Gas |
Article published date | 2026-03-29 |
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